Rebuilding of Oil & Gas Tools
Rebuilding parts is a cheaper alternative to replacing the part.
The cost to rebuild is 1/3 of the cost for a brand new part.
Repair and maintenance are essential to mitigate corrosion, increase safety and reliability, and reduce expenses long term.
Oil and gas companies cannot rely on constantly rising oil and gas prices to make their projects sustainable. That does not mean profitability is not obtainable, but rather that it will come (at least in part) from increasing efficiency rather than increasing productivity.
This means that oil and gas industry companies must find ways to improve the efficiency of their assets and operations (like using industrial cleaning), in order to reduce costs and remain competitive. In terms of efficiency improvements, no project is more important than equipment maintenance, especially for expensive equipment such as drill pipes and elevators.
Composite Rods
Equipment maintenance is not just a must, but it is also a significant economic opportunity. When done well, companies can obtain the operational efficiency needed to navigate through volatile oil markets by extending the life of their equipment.
Why equipment repair and safety are essential
Equipment repair and maintenance are essential in order to keep projects running smoothly, reliable and dependable.
Preventative equipment maintenance is key to extending equipment life and ultimately saving you time and money. While the common perception may be that preventative maintenance is unnecessary, the reality is that without it, users are often left with more expensive repairs.
1- Increased productivity
When equipment runs efficiently, projects get done on or ahead of schedule. Staying on top of the "optimal, like-new condition" is key to maintaining that level of equipment efficiency. When maintenance suffers, efficiency suffers too.
When efficiency suffers, so does your bottom line.
Poor maintenance strategies can reduce an organization’s production capacity by 20 percent. Modern preventive maintenance solutions allow operational managers to digitize essential equipment details, assign recurring work orders and review asset history.
2- Damage prevention
Preventive maintenance ensures all business equipment assets are running according to manufacturer guidelines. As poorly performing parts are updated, assets perform at a steady level of productivity throughout the year. This reduces the frequency of capital expenditures needed to purchase new equipment.
3- Increase safety
The more often assets are checked, the less likely dangerous problems like offshore fires occur. Businesses that follow preventive maintenance schedules reduce the risk of unexpected breakdowns, health hazards and injuries, and liability lawsuits.
Composite rods are applied extensively to downhole tools used for metal cutting applications. Their versatile nature means that they can be used on their own, or can be combined with our proprietary milling inserts and used on a wide variety of tools such as casing shoes, junk mills, section mills and coiled tubing mills.